FX: Miles to go before the AUD can sleep easy

The strength of the Australian economy is not enough to convince analysts it is a good time to increase AUD exposure.

Should you be bullish or bearish on the Australian dollar? The country faces many of the same inflationary and interest rate headaches as the rest of the world, but also benefits from churning out many of the raw materials that others are now paying so much to get hold of. In recent months the Aussie dollar has weakened against the US dollar – surprisingly so, in some eyes. But it is also more vulnerable than some to any signs of China weakness.

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